Audley House Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 07949726 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 28 February 2014

for

Audley House Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

P J Tweedie

SECRETARY:

Mrs G M Tweedie

REGISTERED OFFICE:

The Glades

Festival Way

Festival Park

Stoke on Trent

ST1 5SQ

REGISTERED NUMBER:

07949726 (England and Wales)

FIXED ASSETS

Tangible assets

2

154

315

CURRENT ASSETS

Debtors

15,851

8,885

Cash at bank

26

6,500

15,877

15,385

CREDITORS

Amounts falling due within one year

9,913

13,929

NET CURRENT ASSETS

5,964

1,456

TOTAL ASSETS LESS CURRENT LIABILITIES

6,118

1,771

CAPITAL AND RESERVES

Called up share capital

3

10

10

Profit and loss account

6,108

1,761

SHAREHOLDERS' FUNDS

6,118

1,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 July 2014 and were signed by:

P J Tweedie - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the assumption that the company is able to carry

on business as a going concern, which the directors consider appropriate having regard to the

company's current and expected performance.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the supply of services represents

the value of services provided under contracts, to the extent that there is a right to consideration,

and is recorded at the value of the consideration due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33.33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2013

and 28 February 2014

482

DEPRECIATION

At 1 March 2013

167

Charge for year

161

At 28 February 2014

328

NET BOOK VALUE

At 28 February 2014

154

At 28 February 2013

315

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

10

Ordinary

£1

10

10

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances totalling £14,656 to Mr P Tweedie, a director. The

highest balance outstanding at any one time was £9,664. Mr P Tweedie made repayments totalling

£14,656 during the year. £6 was owed to Mr P Tweedie at the year end. Interest was charged at 4%,

and the advances were unsecured and repayable on demand.